After costs, if the gap returns to its 7d average, $10k−$121
spread now+0.024%7d average−0.020%fees + slippage, in and out−$125spread needed1.251%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OP_USDT | 0.1262 | 0.0100 | pay 0.0100% / 8h | 7h 53m | $1.8M | $1.6M | 50x |
| Short | KuCoin OPUSDTM | 0.1262 | 0.0100 | get 0.0100% / 8h | 7h 53m | $2.9M | $7.4M | 75x |
Gate OP_USDT
KuCoin OPUSDTMPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.38
- Funding while held
- $0
- Slippage, 4 orders
- −$98.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$122.74
- Spread needed to break even
- 1.251%
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 6.35 bp | 35.1 bp −$35 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 7.91 bp | 27.4 bp −$27 | 69.8 bp −$698 | doesn't fit | doesn't fit |
OP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.1248cheapestOrderly0.1260+0.962%Bybit0.1260+0.978%Reya0.1260+0.992%edgeX0.1261+1.024%HTX0.1261+1.026%SoDEX0.1261+1.034%BingX0.1261+1.042%ApeX Omni0.1261+1.042%Aevo0.1261+1.042%Deribit0.1261+1.042%gTrade (Gains Network)0.1261+1.054%Lighter0.1261+1.074%OKX0.1261+1.074%GMX0.1262+1.082%
Coinbase International
Orderly
Bybit
Reya
HTX
SoDEX
BingX
ApeX Omni
Aevo
Deribit
gTrade (Gains Network)
Lighter
OKX
GMXGate0.1262+1.098%
Backpack0.1262+1.106%Binance0.1262+1.107%MEXC0.1262+1.114%
Backpack
Binance
MEXCKuCoin0.1262+1.122%
Kraken Futures0.1262+1.125%Extended0.1262+1.146%Aster0.1263+1.178%BloFin0.1263+1.186%Bitget0.1263+1.202%Variational Omni0.1263+1.213%Hyperliquid0.1264+1.266%dYdX0.1264+1.297%Injective0.1276+2.244%
Kraken Futures
Extended
Aster
BloFin
Bitget
Variational Omni
Hyperliquid
dYdX
InjectiveOP on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International OP-PERP-INTX | −1.086% | −0.0304% | 1h | $22K | $90K | 50x | as long as short |
| Orderly PERP_OP_USDC | −0.135% | −0.0077% | 8h | $6K | $54K | 10x | as long as short |
| Bybit OPUSDT | −0.119% | −0.0215% | 8h | $17.8M | $28.0M | 75x | as long as short |
| Reya OPRUSDPERP | −0.105% | +0.0431% | 1h | $701 | — | 20x | as long as short |
| edgeX OPUSDC | −0.073% | +0.0100% | 4h | $8K | $379K | 10x | as long as short |
| HTX OP-USDT | −0.071% | +0.0100% | 8h | $181K | $275K | 50x | as long as short |
| SoDEX OP-USD | −0.063% | +0.0100% | 1h | $187 | $5K | 5x | as long as short |
| BingX OP-USDT | −0.055% | +0.0100% | 8h | — | $6.9M | — | as long as short |
| ApeX Omni OPUSDT | −0.055% | +0.0100% | 1h | $45K | $713K | 50x | as long as short |
| Aevo OP-PERP | −0.055% | +0.0064% | 1h | $4K | — | 3x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit OP_USDC-PERPETUAL | −0.055% | 0.0000% | 1h | $47K | $200K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | −0.043% | L +0.0004% / S −0.0004% | 1h | — | — | 150x | as long as short |
| Lighter OP | −0.024% | +0.0096% | 1h | $282K | $827K | 15x | as long as short |
| OKX OP-USDT-SWAP | −0.024% | +0.0038% | 8h | $6.0M | $33.4M | 50x | as long as short |
| GMX OP/USD [OP-USDC] | −0.016% | L −0.1440% / S +0.0291% | 1h | $13K | — | 100x | as long as short |
| Gate OP_USDTlong | 0.000% | +0.0100% | 8h | $1.8M | $1.6M | 50x | |
| Backpack OP_USDC_PERP | +0.008% | +0.0100% | 1h | $138K | $181K | 10x | as long as short |
| Binance OPUSDT | +0.010% | −0.0060% | 8h | $21.0M | $69.3M | 75x | as long as short |
| MEXC OP_USDT | +0.016% | −0.0059% | 8h | $20.2M | $8.7M | 300x | as long as short |
| KuCoin OPUSDTMshort | +0.024% | +0.0100% | 8h | $2.9M | $7.4M | 75x | |
| Kraken Futures PF_OPUSD | +0.027% | +0.0472% | 1h | $783K | $677K | 20x | as long as short |
| Extended OP-USD | +0.048% | −0.0056% | 1h | $101K | $212K | 25x | as long as short |
| Aster OPUSDT | +0.079% | +0.0100% | 8h | $214K | $470K | 10x | as long as short |
| BloFin OP-USDT | +0.087% | +0.0060% | 8h | $1.0M | $584K | 75x | as long as short |
| Bitget OPUSDT | +0.103% | +0.0100% | 8h | $6.0M | $6.6M | 75x | as long as short |
| Variational Omni OP | +0.114% | −0.0078% | 8h | $232K | $46K | — | as long as short |
| Hyperliquid OP | +0.166% | +0.0100% | 1h | $3.9M | $3.3M | 5x | as long as short |
| dYdX OP-USD | +0.197% | 0.0000% | 1h | $39K | $10 | 10x | as long as short |
| Injective OP/USDC PERP | +1.133% | +0.0033% | 1h | $25K | $184K | 12x | as long as short |